If you’re in the market for industrial equipment, there are a few things that you should know before you hand over your credit card. Here are just three tips for making smart choices about your purchases.

1. Do Your Homework

Pretend for a moment that you’re looking for blending machines. There are many different types out there, so you’ll need to do some research to figure out if you prefer a ribbon mixer or a paddle blender. The same goes for other types of industrial tools and supplies; most products will have multiple versions, so it will take some digging to determine the best kind for your workplace. Don’t be afraid to whip out a notebook and create a “pros and cons” list.

2. Go Comparison Shopping

It’s always a good idea to compare and contrast products before you settle on something as your final choice. A competitor might be offering a nicer price, or a new-and-improved version of the product might be coming out in a few short weeks. Even if you wind up going back to that first retailer, you can